We are excited to present this excellent investment opportunity in the Park Mesa Heights area of Los Angeles. This complex consists of three buildings with all one bedroom - one bathroom units. The property is located just south of the Baldwins Hills Shopping Center which is undergoing a massive renovation and north of the $3 Billion Ram Stadium redevelopment project in Inglewood. The property is currently producing $4,581 per month with approximately 30% upside potential in the rents. It is located directly across the street from Van Ness park and is in close proximity to public transportation. The GRM is 13.1 with a CAP rate of 5.17. Please do not disturb or speak to tenants and please do not walk onto the property. All offers to be made subject to inspection.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
